Representative illustration — Commercial Property bank auction in Gundaram Village
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Fair Option

Commercial Property for Auction Gundaram Village Nizamabad 21.2 Crore by Union Bank of India 24 Jun 2026

Gundaram Village, Nizamabad

Area: 16.09 Ac. Gts.

Sy.Nos.267,267/P1,267/P2 and 267/P3 of Gundaram Village

Union Bank of India · HYDERABAD ROAD BRANCH

Reserve price

₹21,21,00,000

EMD ₹2,12,10,000

Auction date

24 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 16.09 Ac. Gts.
  • Locality: Gundaram Village
  • Reserve: ₹21,21,00,000
  • EMD: ₹2,12,10,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityGundaram Village
Built-up / plot area16.09 Ac. Gts.
LenderUnion Bank of India
BranchHYDERABAD ROAD BRANCH
Auction typeSARFAESI Auction
Bid increment₹21,21,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Gundaram Village, Nizamabad by Union Bank of India — reserve price ₹21,21,00,000, 16.09 Ac. Gts., Symbolic possession.

Bank auction property available! This is a commercial property featuring a Rice Mill and land, situated in the prime locality of Gundaram Village, Nizamabad. The total land area is 16.09 Ac. Gts. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹212,100,000. This presents a great opportunity for investors looking for commercial properties in Nizamabad. Don't miss out on this bank auction property!

GeoSquare note: This commercial property in Nizamabad offers potential due to its size and inclusion of a rice mill. However, the symbolic possession status slightly reduces its immediate investment appeal. With a reserve price of ₹212,100,000, thorough due diligence is recommended to evaluate market value and potential returns.

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